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Funding Overview for Prasanna Jyothi Trust's Education Program for Underprivileged Kids

Prasanna Jyothi Trust seeks funding of US$20,000 to support 20 children for 12 months. Of this amount, 75% will be allocated to education expenses, with the remainder used for food and clothing. For the period of April 2006 to March 2007, an estimated Rs. 1,400,000 is projected based on historical data. Previous expenses include admission fees, uniforms, and monthly school fees for 17 children. Audited accounts will be provided soon. Future funding considerations involve accounting for currency fluctuations and potential support for a catering unit.

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Funding Overview for Prasanna Jyothi Trust's Education Program for Underprivileged Kids

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  1. PRASANNA JYOTHIBUDGET

  2. ASHA funding (US$20** x 20 kids x 12months) = US$ 4, 800 ~ Rps. 189, 552 75% of this funding goes towards education expenses. Balance goes towards food & clothing. **Based on old figures from previous projects

  3. For 2006 April to March 2007, Prasanna Jyothi Trust estimated about Rs.14,00,000. Note: Audited accounts to be given in the next few months. • The expenses from April to September 30th, 2007. is Rps. 410,818.  • April & May (Education) • Admission fees + uniforms + shoes = Rps 102, 000 • Monthly school fees for 17 children = Rps. 6, 500 • Nursing college (Usha) = Rps. 30, 000 • ------------------- • Rps, 138, 500 • ------------------- • Note: food, clothing, pens, stationery not included • It will be approximately Rps. 360,000 from Oct 1st. to March 31st. • **The full figure will be known only in the month end of March (education).

  4. Questions to Consider: • Increase of funding for March 08 onwards: • Dollar has dropped US$1 = 39 Rps. Estimate was based on US$1 = 50 Rps. • Support funding of catering unit

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